Apple Inc Stock Price, News & Analysis

Apple has announced the appointment of Monica Lozano to its board of directors. Lozano brings extensive leadership experience from the public and private sectors, with a focus on equity and opportunity. She previously served as CEO of La Opinión and is currently the CEO of College Futures Foundation, advocating for access to higher education. Apple CEO Tim Cook and Chairman Arthur Levinson expressed confidence in her potential to contribute positively to Apple’s growth and community efforts.

Apple announces the launch of Fitness+, a new fitness experience integrated with Apple Watch, set to debut on December 14. Offering studio-style workouts on iPhone, iPad, and Apple TV, Fitness+ features popular workout types such as HIIT, Strength, and Yoga. The app incorporates metrics from the Apple Watch for a personalized experience, including a Burn Bar for competition, and a recommendation engine for tailored workouts. Monthly subscriptions are priced at $9.99, with family sharing options available. Privacy is prioritized, with workout data stored securely.

Apple has announced the winners of the second annual Apple Music Awards, recognizing significant contributions to music in 2020. Lil Baby received the Artist of the Year award, while Megan Thee Stallion was honored as Breakthrough Artist of the Year. Taylor Swift was named Songwriter of the Year for her album folklore, which became a streaming sensation. Roddy Ricch claimed both Top Song of the Year for “The Box” and Top Album of the Year for Please Excuse Me for Being Antisocial. The awards will be celebrated with a week of events starting December 14, 2020.

Apple has introduced the M1 chip, a groundbreaking system on a chip (SoC) designed specifically for Mac systems, featuring 16 billion transistors and 5-nanometer technology. The M1 enhances performance with up to 3.5x faster CPU speeds and 6x faster GPU speeds while significantly improving battery life. Key features include the world's fastest CPU performance per watt and integrated graphics, along with advanced machine learning capabilities. The M1 chip represents a significant leap in technology for the Mac line and starts a two-year transition to Apple silicon.

Apple has launched new M1-powered Macs: the MacBook Air, 13-inch MacBook Pro, and Mac mini, promising unprecedented performance and efficiency. The M1 chip boasts up to 3.5x faster CPU, 6x faster GPU, and 15x faster machine learning capabilities while doubling battery life. The MacBook Air, priced at $999, delivers stunning graphics and a fanless design, while the MacBook Pro, starting at $1,299, enhances productivity. The Mac mini, now at $699, offers impressive compact performance. All models feature macOS Big Sur, supporting a vast array of applications.

Apple has unveiled the iPhone 12 Pro and iPhone 12 Pro Max, introducing advanced 5G capabilities and a range of innovative features. The new models include a Ceramic Shield front cover for improved durability, edge-to-edge Super Retina XDR displays, and the A14 Bionic chip for enhanced performance. The camera systems have been upgraded with ProRAW capabilities and improved low-light performance. Pre-orders start on October 16, with prices beginning at $999 for the iPhone 12 Pro and $1,099 for the Pro Max. These models will be available in multiple finishes and storage options.

Apple unveiled the iPhone 12 and iPhone 12 mini, integrating 5G technology and featuring enhanced durability with a new Ceramic Shield front cover. The devices are powered by the A14 Bionic chip, offering significant improvements in speed and computational photography. Pre-orders start on October 16, with availability on October 23. The iPhone 12 is priced from $799, while the mini starts at $699. Both models support extensive 5G bands and come in multiple colors, marking Apple’s commitment to innovation and sustainability.